$795,000

1404 & 1406 Front Street, Reidsville, NC 27320

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2001
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Are you seeking an investment that consistently generates returns? This is a perfect opportunity to own prime real estate with tenants already in place! Where else could you invest $795,000 and earn a monthly return of $5,572? The property is currently occupied by solid long-term tenants, and a rent increase is expected within the next 4 to 9 months extending leases to 2028 and 2030. This all-brick building requires minimal maintenance. The owner is responsible for certain expenses, including utilities (electricity, water, and lawn maintenance), which total $800 per month, as well as annual taxes of $5,800 and insurance costs of $1,700 per year. SHOWN BY APPOINTMENT ONLY! NO DRIVE BY! 1404 Front Street 2547 square foot & 1406 Front Street 1045 square foot

Listing Status:
Active
Date Added:
June 10, 2025 at 05:00AM
Listing Office:
CENTURY 21 THE KNOWLES TEAM : 336-342-2022
Listing Agent:
Teresa S. Knowles : 336-613-8835
MLS ID:
1182701
  • Originating MLS: Triad MLS
  • County: Rockingham

This listing courtesy of Teresa S. Knowles, CENTURY 21 THE KNOWLES TEAM

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

South End Elementary School

1307 S Park Dr, Reidsville, NC, 27320

Grades KG-5

1.50 miles away

R

Reidsville Middle School

1903 S Park Dr, Reidsville, NC, 27320

Grades 6-8

0.47 miles away

R

Reidsville High School

1901 S Park Dr, Reidsville, NC, 27320

Grades 9-12

0.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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